Title: Intellectual capital performance and disclosures in an emerging banking market in Africa

Authors: Nicholas Asare; Francis Aboagye-Otchere; Joseph Mensah Onumah

Addresses: Department of Accounting, University of Ghana Business School, University of Ghana, Accra, Ghana ' Department of Accounting, University of Ghana Business School, University of Ghana, Accra, Ghana ' Department of Accounting, University of Ghana Business School, University of Ghana, Accra, Ghana

Abstract: This study examines the nature of the relationship between intellectual capital performance (ICP) and intellectual capital disclosures (ICD) in the banking sector of Ghana. Using annual data extracted from corporate annual reports of 24 banks from 2007 to 2015, the study computes the ICP using the value-added intellectual coefficient (VAIC) and ICD index constructed using metrics in the literature. The system generalised method-of-moments and panel-corrected standard errors estimations are used to estimate panel regressions with ICD as the dependent variable. The study finds ICP to be largely driven by human capital efficiency. Human capital disclosures also dominate ICD in the annual reports of banks. There is a significant positive relationship between ICP and ICD. The relationship between the two variables is not nonlinear. The findings have implications for banks in emerging banking markets.

Keywords: intellectual capital; performance; disclosures; banks; Ghana; Africa.

DOI: 10.1504/IJMP.2024.137011

International Journal of Management Practice, 2024 Vol.17 No.2, pp.228 - 249

Received: 12 Oct 2021
Accepted: 22 Aug 2022
Published online: 01 Mar 2024 *

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